Prime Minister Julia Gillard has vowed to press ahead with plans to overhaul schools funding, even if the proposal fail to receive unanimous support from the states and territories.

Under the plan announced on Sunday, schools funding would be boosted by $14.5 billion over six years, with the Commonwealth contributing 65 per cent of the costs.

The deal would see $12 billion directed to public schools, while Catholic schools would get an extra $1.5 billion and independent schools an extra $1 billion.

Gonski funding

Extra funding

Total public investment 2014-19

NSW

$5 billion

$87 billion

VIC

$4 billion

$68 billion

QLD

$3.8 billion

$65 billion

WA

$300 million

$38 billion

SA

$600 million

$21 billion

TAS

$400 million

$7 billion

ACT

$100 million

$5 billion

NT

$300 million

$5 billion

Catholic schools

$1.4 billion

$50 billion

Independent schools

$1 billion

$35 billion

Funding is based on a formula of a base amount per student plus "loadings" that are given when certain criteria are met.

The funds would be provided on the condition the states and territories agree to boost their spending by 3 per cent.

Ms Gillard will officially put the deal to state leaders at the upcoming COAG meeting on Friday, but Queensland and Western Australia have already voiced opposition to the proposal.

Queensland Premier Campbell Newman said yesterday he does not have enough information to commit to the deal and the state's budget is already extremely tight.

Under the Gonski reforms, Queensland would receive an extra $3.8 billion over six years if the State Government boosted its funding by 3 per cent.

"I won't turn down more federal money for Queensland schools, not at all. But the ability of the Queensland Government to put more money on the table, other than the $5,335 we announced this past week, is extremely limited," he said.

"If they want to fund more - put more money into Queensland schools - great, [but] I want to know where they are getting the money from and I am sad to see it is coming from universities and perhaps a further raid on peoples' superannuation."

Western Australia Premier Colin Barnett described the funding plans as a "terrible deal" for the state.

However, the Prime Minister said she would do all she could to push ahead with the plan, even if some states do not sign up.

"If we can't get a global sign-on [with] every state, every territory, then we'll work with those jurisdictions that do sign on," she said.

"But I'm going to keep campaigning for this, arguing for it because it's the right thing for our nation's kids, our nation's economy."

In announcing the decision on Sunday morning, Ms Gillard said it was the biggest change to Australian education in 40 years.

As part of the new model, the base amount of funding per student - known as the school resource standard - would be $9,271 per primary schools pupil and $12,193 for secondary school students.

Ms Gillard said schools would be given more money for resources and to address individual students' needs.

"We are creating a school resource standard - that is the amount of money we know is what is needed to ensure that kids get a great education," she said.

"Over six years, we will start moving to that school resourcing standard, we will increase school funding so that in every school in our country - state schools, Catholic schools, independent schools - we have funding around the school resource standard for the education of children."

The Coalition savaged the deal, saying the Government was funding its share of the plan through cuts to universities and education spending.

Opposition education spokesman Christopher Pyne said the announcement was a "con-ski" that falls short on delivering the Gonski report's envisaged $6.5 billion of spending on school funds over the next four years.

He said a number or states lose out under the deal.

"Essentially, the Government has cut $11 billion in spending over the last 12 months in education and is replacing it over the next six years with $9.4 billion of spending," he said.

"Amazingly, the Prime Minister is trying to dress up a new school funding model as delivering unprecedented funds for students. In fact, the Federal Government is getting $1.6 billion savings out of their response to the Gonski report.

"The Prime Minister is suggesting that the states and Commonwealth deliver $600 million of new funding each year, one-tenth of what Gonski suggested.

"It is a re-election strategy not an education plan and I would be very surprised if the states and the sector signed up to a model that delivers cuts to education."

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